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Pier 1 Imports (PIR) gets little publicity, but it's one of the best turnaround stories to come out of the financial crisis. This specialty retailer has come roaring back from near bankruptcy in 2009 and has positioned itself as one of the leading home goods stores. The company's balance sheet has drastically improved and it appears to be a quite the growth story going forward.


Pier 1 is one of the major retailers of furniture, home furnishings, kitchen goods, bath/bed accessories and other specialty home items. The company runs over a 1,000 stores, with the majority in the U.S. -- only 80 are in Canada. Just last year, PIR started licensing the Pier 1 brand to...

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